Friday, November 28, 2008

Fix or replace?

I just saw tory MP Brian Murphy (Moncton-Riverview-Dieppe) on CPAC speak about selling old assets (pg. 52 of the plan he said). He cited an example of selling old infrastructure from the 1950's which might no longer be relevant - how could you expect to get fair market value for it?

Well, I hope the government would get fair market value for assets sold - it's just that fair market value has probably dropped recently. I don't want to make a blanket judgement on all potential asset sales. I want to examine each potential sale on its own merit.

The opposite position is updating old assets and making them more relevant. Wouldn't that be a constructive stimulus, pumping money into the economy?